Marsh Expands Cyber Insurance with Cyber Echo Encore, Adding $45 Million Coverage

Marsh has introduced Cyber Echo Encore. This is an enhancement to its Cyber Echo insurance facility. The expansion provides up to $45 million in additional cyber insurance capacity. The cyber risk protection is underwritten by London market insurers outside of Lloyd’s. Broader Coverage Beyond Lloyd’s Market Lloyd’s launched Cyber Echo in 2016, making it the … Read more

Cybersecurity Gap: Why SMEs Must Catch Up to Large Organizations in Cyber Resilience

SMEs Struggle to Keep Up with Cybersecurity Standards Small and medium-sized enterprises (SMEs) in the European Union are falling behind larger organizations in cybersecurity, according to a new report by Marsh in collaboration with the Federation of European Risk Management Associations (FERMA). The report, Why the Cybersecurity Gap Between SMEs and Large Organisations Matters, reveals … Read more

Cyber Insurance Sunday – Upload

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week. Some we reported on and others we found interesting: CyberCube gets a new “fit.” Zywave Awards Resilience, Marsh, CrowdStrike, CFC, and many others. Coverdash on compliance. AttackIQ and Trium Cyber team up. And a more human concern regarding … Read more

Cyber Insurance Sunday – Upload

Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Marsh and others look at Ransomware; Partnerships abound Backblaze and Coalition as well as Cavelo and DataStream: Vantage Risk Launches; And a reminder cybercriminals take out targets large and small. Some we reported on, and others we found … Read more

Marsh Report Reveals Ransomware’s Persistent Threat in 2023 Cyber Insurance Claims

The persistent threat of ransomware continues to pose significant dangers to organizations worldwide. Recent news from around the world highlights the idea that combating this menace should involve banning ransomware payments to curb the growing threat. In light of these developments, the Marsh report, “Ransomware: A Persistent Challenge in Cyber Insurance Claims,” provides valuable insights … Read more

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